WILMINGTON, Del., June 21, 2021 /PRNewswire/
-- DuPont (NYSE: DD) today announced the
release of its 2021 Sustainability Report – Thriving
Together, providing a comprehensive overview of the company's
progress made in its environmental, social and governance (ESG)
journey, as well as efforts to achieve its 2030 Sustainability
"Despite the challenges of 2020, our teams made meaningful
progress against our 2030 Sustainability Goals, while remaining
laser-focused on the safety and well-being of our colleagues,
delivering for our customers, supporting our communities, and
creating long-term value for all stakeholders," said Ed Breen, DuPont Executive Chairman and Chief
Executive Officer. "As a premier multi-industrial company, we've
sharpened our portfolio that places sustainability at the center of
how we grow and operate our businesses; delivering innovations that
address global needs for clean water, advanced mobility, personal
protection, shelter, healthcare and connectivity. In this period of
profound global change, the power of science to help solve some of
the world's biggest challenges underscores that innovation is the
most substantive contribution DuPont can make toward a more
inclusive, sustainable and resilient world."
The report highlights the company's progress toward achieving
its ambitious 2030 Sustainability Goals through accomplishments
- Producing more than 100,000,000 DuPont personal protective
equipment garments for front-line and essential workers in the
fight against COVID-19.
- Achieving zero injuries and/or illnesses at 79 percent of
DuPont sites, and 31 sites earned Responsible Care® Facility Safety
Awards from the American Chemistry Council.
- Expanding our use of renewable electricity sources and credits
to 20 percent of our total electricity and operating 27 sites
utilizing 100 percent renewable electricity.
- Advancing water security, availability and quality worldwide
through our expanded filtration and purification technologies
portfolio. DuPont products process 25,000,000 gallons of water
every minute around the world.
- Donating more than 1,774,000 items to families in need through
our Habitat for Humanity International partnership.
- Partnering with charity: water to help prevent the spread of
COVID-19 in vulnerable communities through the deployment of
hand-washing stations, hygiene and sanitation training.
- Affirming our commitment to address climate change as a member
of the CEO Climate Dialogue, a collaboration between large
companies and NGOs working together to advance effective climate
legislation in the U.S.
- Re-invigorating our commitment to advance our Diversity, Equity
& Inclusion (DE&I) strategy by appointing a Vice President
of DE&I and a global DE&I office and pledging $10 million over the next 10 years to improve
racial equality and equity.
- Being named to the 2020 Bloomberg Gender- Equality Index and
receiving a score of 100% on the Human Rights Campaign's Corporate
Equality Index for the ninth consecutive year.
DuPont's 2030 Sustainability Goals, aligned with the United
Nations Sustainable Development Goals (UN SDGs), are ambitious,
holistic, integrated and value-creating. They underscore the
importance of bringing sustainable innovations to
market and provide a roadmap guiding the company through
a year of unforeseen challenges and enabling a clear path ahead for
"This past year tested us on many fronts yet working
side-by-side with our colleagues, customers and communities, we've
shown the power of science and resiliency by thriving together,"
said Alexa Dembek, DuPont Chief Technology &
Sustainability Officer. "This report reflects our progress in
accelerating our ESG journey and delivering on our purpose to
empower the world with the essential innovations to thrive. We have
challenged ourselves with ambitious goals and though our
innovations, products, operations, and people, we are poised for
growth and passionate about helping create positive societal change
now and in the future."
The report which is available at
www.dupont.com/about/sustainability.html has been prepared in
accordance with the Global Reporting Initiative (GRI) standards.
The report methodology aligns with the Sustainability Accounting
Standards Board (SASB) standards and adheres to the ten principles
in the United Nations Global Compact.
DuPont (NYSE: DD) is a global innovation
leader with technology-based materials and solutions that help
transform industries and everyday life. Our employees apply diverse
science and expertise to help customers advance their best ideas
and deliver essential innovations in key markets including
electronics, transportation, construction, water, healthcare and
worker safety. More information about the company, its businesses
and solutions can be found at www.dupont.com. Investors can access
information included on the Investor Relations section of the
website at www.investors.dupont.com.
DuPont™, the DuPont Oval Logo, and all trademarks and service
marks denoted with ™, SM or ® are owned by affiliates of DuPont de
Nemours, Inc. unless otherwise noted.
Cautionary Statement Regarding Forward Looking
This communication contains "forward-looking
statements" within the meaning of the federal securities laws,
including Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
In this context, forward-looking statements often address expected
future business and financial performance and financial condition,
and often contain words such as "expect," "anticipate," "intend,"
"plan," "believe," "seek," "see," "will," "would," "target," and
similar expressions and variations or negatives of these words.
On April 1, 2019, the Company
completed the separation of the materials science business through
the spin-off of Dow Inc., ("Dow") including Dow's subsidiary The
Dow Chemical Company (the "Dow Distribution"). On June 1, 2019, the Company completed the
separation of the agriculture business through the spin-off of
Corteva, Inc. ("Corteva") including Corteva's subsidiary E. I. du
Pont de Nemours and Company ("EID"), (the "Corteva Distribution and
together with the Dow Distribution, the "DWDP Distributions").
On February 1, 2021 the Company
completed the divestiture of the Nutrition & Biosciences
("N&B") business to International Flavors & Fragrance Inc.
("IFF") in a Reverse Morris Trust transaction (the "N&B
Transaction") that resulted in IFF issuing shares to DuPont
On March 8, 2021, DuPont announced
entry into a definitive agreement to acquire the Laird Performance
Materials business, subject to regulatory approval and customary
closing conditions, (the "proposed Laird PM Acquisition").
Forward-looking statements address matters that are, to varying
degrees, uncertain and subject to risks, uncertainties and
assumptions, many of which that are beyond DuPont's control, that
could cause actual results to differ materially from those
expressed in any forward-looking statements. Forward-looking
statements are not guarantees of future results. Some of the
important factors that could cause DuPont's actual results to
differ materially from those projected in any such forward-looking
statements include, but are not limited to: (i) ability to achieve
expectations regarding the timing, completion, integration, and
accounting and tax treatments related to the proposed Laird
PM Acquisition; (ii) the ability to achieve expected benefits,
synergies and operating efficiencies in connection with the
proposed Laird PM Acquisition within the expected time frames or at
all or to successfully integrate the Laird Performance Materials
business; (iii) ability to achieve anticipated tax treatments in
connection with the N&B Transaction or the DWDP Distributions;
(iv) changes in relevant tax and other laws; (v) indemnification of
certain legacy liabilities of EID in connection with the Corteva
Distribution; (vi) risks and costs related to the performance
under and impact of the cost sharing arrangement by and between
DuPont, Corteva and The Chemours Company related to future eligible
PFAS costs; (vii) failure to effectively manage acquisitions,
divestitures, alliances, joint ventures and other portfolio
changes, including meeting conditions under the Letter
Agreement entered in connection with the Corteva Distribution,
related to the transfer of certain levels of assets and businesses;
(viii) uncertainty as to the long-term value of DuPont common
stock; (ix) risks and uncertainties related to the novel
coronavirus (COVID-19) and the responses thereto (such as voluntary
and in some cases, mandatory quarantines as well as shut downs and
other restrictions on travel and commercial, social and other
activities) on DuPont's business, results of operations, access to
sources of liquidity and financial condition which depend on highly
uncertain and unpredictable future developments, including, but not
limited to, the duration and spread of the COVID-19 outbreak, its
severity, the actions to contain the virus or treat its impact, and
how quickly and to what extent normal economic and operating
conditions resume; and (x) other risks to DuPont's business,
operations; each as further discussed in detail in and results of
operations as discussed in DuPont's annual report on Form
10-K for the year ended December 31,
2020 and its subsequent reports on Form 10-Q and Form 8-K.
Unlisted factors may present significant additional obstacles to
the realization of forward-looking statements. Consequences of
material differences in results as compared with those anticipated
in the forward-looking statements could include, among other
things, business or supply chain disruption, operational problems,
financial loss, legal liability to third parties and similar risks,
any of which could have a material adverse effect on DuPont's
consolidated financial condition, results of operations, credit
rating or liquidity. You should not place undue reliance on
forward-looking statements, which speak only as of the date they
are made. DuPont assumes no obligation to publicly provide
revisions or updates to any forward-looking statements whether as a
result of new information, future developments or otherwise, should
circumstances change, except as otherwise required by securities
and other applicable laws.
View original content to download